E-mail: export@hz-sky.com
Safety Sky Home Fire Extinguishers Fire Hose Reels Production Procedure Certificate About Safety Sky Contact us
Keywords: CO2 Fire Extinguisher, Stainless Steel Extinguisher, Fire Hose Reel, Fire Fighting Cylinder, Gas Cylinder.
   News
Industry News
   Contact us

Add: 710, Modern Star Building, No.337 Shaoxing Road, Hangzhou, Zhejiang, China.
Postcode: 310004
Tel.: 0086-571-88486131
Fax: 0086-571-88486371
Internet: www.hz-sky.com
E-mail: export@hz-sky.com

Home > News > Industry News


 The renminbi exchange rate fell after the central bank's intervention
From Time2020-10-14

The central parity rate of The yuan (6.7464, 0.0005, 0.01%) was set at 6.7473 on Oct. 14, down 177 points to close at 6.7296 and 6.7385 onshore.

 

On October 12th the People's Bank of China cut the risk reserve for forward foreign exchange sales from 20% to zero.This is after the central bank raised the foreign exchange risk reserve ratio for forward foreign exchange sales from zero to 20% in April. It goes back to 0 again.

Citic Futures believes that in the short term, this policy has a strong signal significance, suggesting that the recent excessive appreciation of the RMB exchange rate has attracted regulatory attention, which will still have a certain cooling effect on the surging exchange rate market.However, insiders believe that in the short term, the RMB against the DOLLAR exchange rate may tend to shock, the central bank to reduce risk reserves to stabilize the exchange rate attitude is clear, but the actual effect may be limited, it is expected that the RMB still has room for appreciation.

 

 

_____________________________________________

 
[Back]
Link: www.zoesky.com | www.google.com
Fire Extinguishers Fire Hose Reels Production Procedure News About Safety Sky Web Map
Office Add:710,Modern Star Building,No.337 Shaoxing Road,Hangzhou,Zhejiang,China.
Postcode:310004 Tel.:0086-571-88486131 Fax:0086-571-88486371 E-mail: export@hz-sky.com 
Copy Right Hangzhou Zoesky Fire Fighting Equipment Co., Ltd. 浙ICP备13000482号-2

浙公网安备 33010302003260号